How to Send Money to Russia Securely

Information verified correct on April 26th, 2017


Your options for international money transfers to Russia.

There are hundreds of thousands of Russian nationals and people of Russian heritage living in the UK. If you need to send money to Russia, whether for business or to help out a family member, there are more than a handful of money transfer companies you can use to make an international payment.The price and speed of the transaction can vary greatly between different services, we put different providers side by side so you can find the best company for you to transfer money to Russia from the UK.

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Rates last updated April 26th, 2017

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With over 17 years of foreign exchange expertise and over $100 billion transferred, OFX can help with all your currency exchange needs, including:

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Min. Transfer Amount Transfer Speed Services Online Transfer Fee Rate Amount Received
TorFX International Money Transfers
TorFX guarantee to beat any ... TorFX guarantee to beat any competitor's exchange rate for a transaction
Conditions apply
GBP 50 1 day
Rates are always
changing, click to check
your price today
Go to site More
OFX International Money Transfer
OFX is the new UKForex... OFX is the new UKForex. Same savings, new name
GBP 100 1 day
Rates are always
changing, click to check
your price today
Go to site More
Moneycorp International Money Transfers
The longest standing and largest ... The longest standing and largest full service specialist currency provider in the UK.
GBP 1,000 1 day
Rates are always
changing, click to check
your price today
Go to site More
RationalFX International Money Transfer
Make same day international money ... Make same day international money transfers in over 40 currencies.
GBP 1 2 days
Rates are always
changing, click to check
your price today
Go to site More

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Banks versus money transfer companies

The following table highlights the different features between the three international payment services you can use to send money to Russia. You can find your bank’s exchange rate when you log into your online banking facility.

Bank – Lloyds BankInternational cash payment company – Western UnionMoney transfer company – Worldfirst
Exchange rateN/A1 GBP = 106.8999 RUB1 GBP = 112.8180 RUB
Transfer fee£20 GBP£85 GBP£14.80 GBP
Amount received for £1,000 (in Russian ruble)N/A106899,98 RUB111,148.29 RUB
Transfer time4 – 6 business daysMinutes2 – 4 business days
Transfer optionsBank account depositCash pickupBank account deposit
Difference of N/A+424.831 RUB

Correct 3.30PM 09/02/16

How do I compare transfer companies?

Compare quotes to send money to Russia by the following features.

  • Exchange rate. First look for companies that actually let you exchange pounds for rubuls and then compare the rate of exchange between the two currencies.
  • Transfer time. The time it takes for the money to reach the destination. Transfer time is determined by the payment and collection options.
  • Payment method. Most providers let you pay for an international payment by bank transfer. Credit and credit card or cash payments clear almost instantly.
  • Collection options. Money can be deposited into the recipient’s bank account or the recipient can collect cash from a Russian Western Union or MoneyGram agent.
  • Transfer options. Only some money transfer companies can send a cash payment to Russia. Similarly, recurring payments, limit orders and forward contracts are not offered by all providers.
  • Transfer limits. Compare international payment transfer limits if you want to send less than £100 or more than £5,000 to Russia.
  • Customer service. Can you contact a UK based customer service team if you need to speak to a person about your money transfer to Russia.
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How do I send money to Russia from the UK?

There are three different types of international payment provider you can use to send money to Russia: your bank, an international cash payment service such as Western Union or a money transfer company like Worldfirst.


Send money to Russia from your bank account. Log in to your online banking facility and look for the international payments menu. You may be required to create a new international beneficiary.

International cash payment services

These companies have cash collection agents in Russia. Send cash from the UK to an agent in Russia and the money can be ready to collect in minutes.

  • Azimo. Top up a mobile phone in Russia, send money to a bank account or send cash to almost 5,000 agents throughout Russia in minutes.
  • MoneyGram. MoneyGram are partnered with Sberbank are other popular Russian banks.
  • Western Union. Western Union have thousands of cash agents in Russia. New customers may be able to get a deal on the transfer fee.
  • Ria Financial Services. Make an in-person cash payment to Russia using Ria Financial Services. Ria have a number of locations in the UK and Russia.

Money transfer companies

These companies operate online. You can pay for a transfer using either your credit or debit card or by completing a bank account transfer. Funds can take up to 4 business days to clear.

  • FC Exchange. Send a one-off payment to Russia, target a rate or lock a rate in for a future trade., FC Exchange offer payment and currency trading services.
  • Worldfirst. Pay no transfer fees, Worldfirst add a small margin to the mid market rate.
  • TorFX. TorFX can offer customers a best rate guarantee on international money transfers to Russia.
  • Transferwise. Get the mid-market exchange rate between pounds and rubuls and pay low transfer fees.
  • UK Forex. Launching in 2005, UK Forex trades tens of billions worth of pounds every year. UK Forex offers features suited towards currency traders.
  • PayPal. Send money to a Russian PayPal account. You can use the recipient’s email address or mobile number to start a transfer.
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How do I receive money from Russia in the UK?

The method to receive money from Russia in the UK depends on how the funds are being sent.

Bank transfer

To receive money in your bank account, provide the following information:

    • SWIFT code
    • Account number & sort code
    • IBAN & BIC
    • Your bank address
    • Your personal information.


Provide identification and the transfer reference number to collect a cash payment from Russia.

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Emergency cash transfers in Russia

Are you stuck in Russia and in need of cash, quick? Here are your options to sending money to Russia in an emergency.

  • International cash payment service. The cash payment services listed on this page can send cash to Russia in minutes. Pay for your transfer using your credit or debit card or pay cash in person to deliver the funds almost instantly.
  • Emergency assistance. Card schemes such as Visa or MasterCard can issue the money in your account as cash if you don’t have access to your credit or debit card. The request can take up to a day to clear and money can be collected from a bank or Western Union agent.
  • Travel insurance. Another option is to speak to your travel insurance provider. An emergency cash benefit can be issued in some instances.

Cash pickup locations in Russia / Western Union / MoneyGram branches in Russia

You can see a snapshot of Western Union and MoneyGram locations in major Russian cities. Ensure you have identification when you collect your money order. You may also need a unique reference code created by the sender.

Western Union


  • Western Union
    Lubyanskiy pr-d, 15,
    Open Monday to Friday 10.00AM to 6.00PM
    +7 495 7805240
  • Western Union
    Novinki, 4, Moscow, Russia
    Open Sunday to Friday 9.00AM to 8.00PM
    Open Saturday 10.00AM to 8.00PM
    +7 499 7251371


  • Accept Bank
    60/2 Bogdana Khmelnitskogo Novosibirsk, 630110
    Open Monday to Friday 9.00AM to 7.00PM
    Open Saturday 10.00AM to 5.00PM
  • Bank of Moscow
    2 Betonnaya,
    Novosibirsk, 630024
    Open Monday to Friday 10.00AM to 6.00PM



  • Sberbank
    Dumskaya Ulitsa, Leningradskaya Oblast,
    Saint-Petersburg, 191011
    Open Monday to Saturday 9.30AM to 8.00PM
    Open Sunday 11.00AM to 5.00PM
    +7 812 3298787
  • Bank Viking
    Nevskiy Prospekt 35,
    Saint-Petersburg, 191011
    Open Monday to Sunday 10.00AM to 10.00AM
    +7 812 7105433


  • Euroset
    Ulitsa 8 Marta 46,
    Open Monday to Sunday 9.00AM to 7.00PM
    +7 800 7007710
  • Rosbank
    Mamina Sibiryaka Ulitsa 145, Ekaterinburg
    Open Monday to Friday 9.00AM to 7.00PM
    Open Saturday 10.00AM to 5.00PM
    +7 343 2162695
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Tips for picking up cash in Russia advises travellers to take care when visiting Russia and pay attention to the possibility of mugging and theft, especially in busy transport hubs and major tourist destinations. Pay special attention to your valuables, especially jewellery such as watches or rings, and avoid wearing such items in public if necessary. If you’re concerned about picking up a large amount of cash, you can ask your hotel for assistance collecting cash.

What are the steps to send money to Russia?

Bank transfer

Enter the recipient’s SWIFT, IBAN, BIC and bank account details to send money to Russia from your bank account. Log on to your internet banking facility to add a new beneficiary if this is your first payment.

Online money transfer company

You’ll need to create an account first to use the services of the international payment providers we’ve listed on this page. Provide the following information to register for a free account.

      • Your personal details
      • Your residency details
      • Identification. You may be required to send a scanned copy of your passport and a utility bill to complete the registration process.
      • Your contact details.

Once you’ve paid for a transfer, you should receive a tracking number you can use to monitor the status of your money transfer to Russia.

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